Find Address/Blockchain Domain Note Okex…The answer is no, you do not own your domain name outright, but policies and regulations normally secure the domain from being taken from you. At the end of the day,
it is entirely possible for your domain name to be taken. You’re renting it from the domain windows registry and they have complete control over what occurs with your domain. I’ve spoken about this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video however you do not own your domain. It’s actually impossible to own a conventional domain. You may have observed, I said traditional domain name since a business’s working on a brand-new type of domain name that you can own outright. I had the possibility to talk to Brad Kam the co-founder of Unstoppable Domains to talk more about the future of the decentralized web. And no this video is not sponsored, I simply thought this was truly, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is different than a traditional domain because the domain name is kept by you, the user inside of your cryptocurrency wallet. So it’s kept inside of your wallet, much like a cryptocurrency would be. And what this does is it suggests that nobody else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.
– Right now, when you go to buy a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain windows registry. If it’s a.com domain you’re trusting the computer system registry not to alter costs or take the domain away from you in the future.
But if you were to like, you understand imagine what things are going to resemble in five to 10 years. Yeah, there should be great deals of various sellers and resellers and things like that. – Of course a new type of domain name means that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog site or company however we could see some generic TLDs being used in the future. For now, Unstoppable Domains is dealing with crypto enthusiasts. It’s an absolutely various domain name system, meaning you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term pop up all over just recently. Non-fungible tokens are systems of information on a ledger, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.